There are lot of tours and albums that take place in a 12-month window, but only one artist can call themselves the highest paid musician in the business!

Forbes just released their annual list of the highest-paid musicians on the globe between May 2011-May 2012 and the biggest musical money-maker may surprise you. Hint: It wasn't Britney Spears, who came in second with $58 million (boosted, no doubt, by her hefty payday for judging on The X Factor). Taylor Swift and Justin Bieber didn't earn the top spot either, finishing at third and fourth with an impressive $57 million and $55 million, respectively.

Diddy is joined by Jay-Z, 50 cent, Dr. Dre and Bryan "Birdman" Williams on the Forbes Five list, which is a short list hip-hop's biggest earners. It's not the first time Diddy, Jay and 50 appeared on a Forbes list together, back in 2007 the trip celebrated their inclusion on the Forbes Hip-Hop Cash Kings list by releasing I Get Money (The Forbes 1-2-3 Billionaire Remix).

Every April, tens of thousands of people flock to the California desert to the Coachella music festival. This year, the festival expanded its dates to two weekends and judging from the first weekend's shows, it's been one hell of a fest. Some of the biggest names in the music industry gave incredible performances (including the late Tupac Shakur via hologram) and hot, up-and-coming bands on the brink of superstardom proved their talents in the heat of the desert.

In honor of the fest, we've rounded up our favorite new tracks (and some classics) from headliners like Radiohead, The Black Keys, Dr. Dre & Snoop Dogg as well as indie breakouts like Beiruit and The Weeknd. Check out our Coachella playlist and jam out like those hipsters in the desert!

Every year thousands gather in beautiful Southern California for a fun-filled weekend of music and fine arts at the Annual Coachella Music and Arts Festival. This year the festivities have been expanded to two weekends and consist of a line up that hundreds of Twitter users are calling "epic."